Incredible Investment Opportunity in Winter Park!
Come take a look at this amazing property located in the heart of Winter Park — just steps from Orlando Avenue, with its fantastic restaurants, shops, and the vibrant lifestyle found only in Winter Park
This charming 1947 fully remodeled bungalow offers 2 bedrooms and 1 bathroom and is accompanied by a 1-bedroom, 1-bathroom in law-suite in the back
Both units are fully remodeled as of 2 years ago and are separated by a privacy fence, offering ideal flexibility for rental income, multi-generational living, or a house-hack setup. Public records sq footage is for both houses. Zone R2
Property Features:
Metal roofs on both units
Newer AC systems
Full kitchens in both units
Luxury vinyl plank flooring throughout
Front unit has new windows and Hardie Plank siding
Plenty of off-street parking on stone-covered grounds.
Property is fully rented with excellent records tenants and bringing an excellent NOI
Situated in a highly sought-after area surrounded by multiple new construction homes, this property presents endless possibilities. Whether you’re looking to capitalize on the surging equity in this prime development zone, generate steady income from the existing rental setup, or collect rent while you design your dream home and secure permits, this is a rare and valuable opportunity.
Don’t miss your chance to invest in one of Central Florida’s most desirable neighborhoods!
Come take a look at this amazing property located in the heart of Winter Park — just steps from Orlando Avenue, with its fantastic restaurants, shops, and the vibrant lifestyle found only in Winter Park
This charming 1947 fully remodeled bungalow offers 2 bedrooms and 1 bathroom and is accompanied by a 1-bedroom, 1-bathroom in law-suite in the back
Both units are fully remodeled as of 2 years ago and are separated by a privacy fence, offering ideal flexibility for rental income, multi-generational living, or a house-hack setup. Public records sq footage is for both houses. Zone R2
Property Features:
Metal roofs on both units
Newer AC systems
Full kitchens in both units
Luxury vinyl plank flooring throughout
Front unit has new windows and Hardie Plank siding
Plenty of off-street parking on stone-covered grounds.
Property is fully rented with excellent records tenants and bringing an excellent NOI
Situated in a highly sought-after area surrounded by multiple new construction homes, this property presents endless possibilities. Whether you’re looking to capitalize on the surging equity in this prime development zone, generate steady income from the existing rental setup, or collect rent while you design your dream home and secure permits, this is a rare and valuable opportunity.
Don’t miss your chance to invest in one of Central Florida’s most desirable neighborhoods!
Property Details
Price:
$600,000
MLS #:
S5126664
Status:
Active
Beds:
0
Baths:
0
Address:
1550 MICHIGAN AVENUE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
LAWNDALE
Neighborhood:
32789 – Winter Park
City:
WINTER PARK
Listed Date:
May 12, 2025
State:
FL
Finished Sq Ft:
1,452
ZIP:
32789
Lot Size:
6,886 sqft / 0.16 acres (approx)
Year Built:
1947
Units:
1
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Interior
Cooling
Central Air
Heating
Central
Laundry Features
Outside
Exterior
Construction Materials
Hardi Plank Type
Exterior Features
Other
Roof
Metal
Financial
Tax Year
2024
Taxes
$4,769
Map
Community
- Address1550 MICHIGAN AVENUE WINTER PARK FL
- SubdivisionLAWNDALE
- CityWINTER PARK
- CountyOrange
- Zip Code32789
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1550 MICHIGAN AVENUE
WINTER PARK, FL
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